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Financing Your Pool Project

Making Your
Dream Pool Affordable

At Silicon Pools, we understand that a custom pool, spa, or major renovation represents a significant investment in your home and lifestyle. While we don’t provide financing directly, we want to help you understand the various options available to fund your project and make your backyard transformation a reality.

Our Providers

Get Financing For your Pool
Get Financing For your Pool

Other Available Options

Common Financing Options

Home Equity Loans

A home equity loan provides a lump sum based on your home’s equity, typically with fixed interest rates and predictable monthly payments. This option works well for homeowners with substantial equity who prefer consistent payment amounts.

Advantages:

  • Fixed interest rates and payment amounts
  • Potentially tax-deductible interest (consult your tax advisor)
  • Lower rates than unsecured loans
  • Lump sum payment for complete project funding

Providers to consider:

  • HFS Financial specializes in home improvement financing with flexible loan options
  • Credit Union West offers competitive home equity loans to Arizona members
Home Equity Lines of Credit (HELOC)

A HELOC functions like a credit card secured by your home equity, allowing you to draw funds as needed during your project. This flexibility can be useful for phased projects or unexpected costs.

Advantages:

  • Pay interest only on what you use
  • Flexibility to draw funds as needed
  • Often lower initial rates than fixed loans
  • Reusable credit line for future projects

Providers to consider:

  • Credit Union West provides HELOC options with competitive rates for Arizona homeowners
Pool-Specific Financing

Some lenders specialize in swimming pool and home improvement financing, understanding the unique aspects of pool construction projects.

Providers to consider:

  • Lyon Financial has been financing swimming pools nationwide for over 30 years, offering customized loan programs specifically for pool projects
  • HFS Financial provides dedicated home improvement financing solutions
Personal Loans

Unsecured personal loans don’t require collateral and can be processed quickly, though they typically carry higher interest rates than home-secured options.

Advantages:

  • No collateral required
  • Fast approval and funding
  • Fixed terms and payments
  • Simpler application process

Providers to consider:

  • LightStream (a division of Truist Bank) offers unsecured home improvement loans with competitive rates for qualified borrowers, often with same-day funding
Cash-Out Refinancing

If mortgage rates are favorable, refinancing your home for more than you owe allows you to pocket the difference for your pool project while potentially lowering your overall interest rate.

Advantages:

  • Single monthly payment
  • Potentially lower interest rate on entire mortgage
  • Extended repayment period
  • May improve overall loan terms
Credit Cards and Payment Plans

For smaller projects or final touches, credit cards with promotional rates or personal lines of credit may provide quick, convenient funding.

Additional Financing Resources

Local
Credit Unions

Tucson-area credit unions often offer competitive rates and personalized service:

  • Credit Union West serves Arizona residents with various home improvement lending options
  • Other local credit unions serving Pima County

National and
Specialty Lenders

  • Lyon Financial: Nationwide pool financing specialist with decades of experience
  • LightStream: Fast, unsecured loans with competitive rates for well-qualified borrowers
  • HFS Financial: Home improvement and renovation financing experts

Mortgage Brokers

Mortgage brokers can shop multiple lenders on your behalf to find the best rates and terms for home equity loans or refinancing options.

Questions to Ask
Potential Lenders

Before committing to financing, consider asking:

  • What is the total interest rate and APR?
  • Are there origination fees, closing costs, or prepayment penalties?
  • What are the monthly payment amounts and loan term?
  • How quickly can funds be available?
  • Is the interest potentially tax-deductible?
  • What documentation is required for approval?

Planning Your Budget

When determining how much to finance, consider:

  • Total project cost: Pool construction, decking, landscaping, and features
  • Ongoing expenses: Increased water, electricity, insurance, and maintenance costs
  • Comfortable payment: Monthly amounts that fit your budget without strain
  • Future plans: How long you plan to stay in your home

Getting Started

Once you’ve explored financing options and determined your budget, we’re ready to help you design and build the perfect pool for your Tucson home. Our competitive rates and transparent pricing make it easy to plan your investment. Contact Silicon Pools today to discuss your project and receive a detailed quote. We’re here to answer questions about project costs, timelines, and specifications to help you make informed financing decisions.

Get A Quote